Section 74 - Energy storage deployment policy1. As used in this section "qualified energy storage system" shall mean commercially available technology that is capable of absorbing energy, storing it for a period of time, and thereafter dispatching the energy using mechanical, chemical, or thermal processes to store energy that was generated at one time for use at a later time. 2. By December thirty-first, two thousand eighteen, the commission shall, in consultation with the New York state energy research and development authority , the Long Island power authority, and the federally designated electric bulk system operator for New York state, after a hearing held on notice, establish by order, rules and regulations, both a two thousand thirty energy storage goal for the state and a deployment policy to support that goal. The energy storage deployment policy shall assist with and take the following into consideration:(a) avoided or deferred costs associated with transmission, distribution, and/or generation capacity;(b) minimization of peak load in constrained areas;(c) systems that are connected to customer facilities and systems that are directly connected to transmission and distribution facilities;(e) the integration of variable-output energy resources;(f) reducing emissions of greenhouse gases;(g) reducing demand for peak electrical generation; (h) improving the reliable operation of the electrical transmission or distribution systems; and(i) such other issues deemed appropriate by the commission.3. To the extent that the energy storage deployment policy directs the procurement of qualified energy storage systems to encourage their deployment, such procurements shall be awarded through a competitive process.4. Annual reports on the achievements and effectiveness of the policy shall be submitted to the governor, the temporary president of the senate, and the speaker of the assembly.Amended by New York Laws 2018, ch. 417,Sec. 1, eff. 11/5/2018.Amended by New York Laws 2018, ch. 324,Sec. 1, eff. 11/5/2018.Added by New York Laws 2017, ch. 415,Sec. 1, eff. 11/29/2017.